Overview Property Details Payment Calculator Walkability

Active

43-45 Derby Street, Somerville MA 02145

$1,829,000

Estimated $2,966.46/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $609,666.67

Total Rent: 153396/year

Estimated CAP Rate: 8.39%

10 Bedrooms

3 Full, 2 Half Baths

3,322 SqFt

Total Parking: 4 (1 Garage)

3,700 SqFt

Introducing 45 Derby Street, a beautifully maintained and fully updated three-family property located in the heart of Somerville’s desirable Winter Hill neighborhood. This turn-key asset features two spacious 4-bedroom units and one well-appointed 2-bedroom unit, all offerin...

This home has been viewed 11 times

Last Checked: July 1st, 2025 at 8:18am (Source: MLS PIN #73389913)

Gross Income: $153,396

Gross Expenses: $9

Net Income Calc: $153,387

CAP Rate: 8.39%

Annual Expenses for 43-45 Derby Street, Somerville MA 02145

Total Gross Expenses (Calculated)$9/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$9

Annual Income & Unit Breakdown for 43-45 Derby Street, Somerville MA 02145

Total Gross Income (Calculated)$153,396

Unit 1

Rental Income$4,554

LeaseY

Bedrooms4

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$4,813

LeaseY

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$3,416

LeaseY

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

HeatingNo

Rent Includes

General Information for 43-45 Derby Street, Somerville MA 02145

Listing ID73389913

Property TypeMulti Family / 3 Family

Price$1,829,000 ($550.57/SqFt)

Style3 Family

CitySomerville

CountyMiddlesex

MLS AreaWinter Hill

Neighborhood(s)

Approximate Living Area Total3,322 SqFt

Approximate Lot Size (Acres)0.08 acres

Total Parking4 (1 Garage)

Garage Parking1 / Detached

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsSee Remarks

Lot Features

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor SpacePorch

Zoning9

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 43-45 Derby Street, Somerville MA 02145

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureTotal area is 5,106 SF. Living area based on publi

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$152,004

Total Net Income By Broker$152,004

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnGross/full Sale Price

Financial Information for 43-45 Derby Street, Somerville MA 02145

Real Estate Taxes$9

Tax Year2024

Assessed Value$9

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$152,004

BostonRealEstate.com Gross Income

Total Net Income By Broker$152,004

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)8.39%

Location Information for 43-45 Derby Street, Somerville MA 02145

Elementary School

Middle School

High School

Neighborhood(s)

MLS AreaWinter Hill

Area Amenities

Contact Information for 43-45 Derby Street, Somerville MA 02145

Agent

Name: Daniel Alper

MLS ID: CN254381

Office ID: AN8461

Address: 5 Chestnut Hill Terrace

City: Chestnut Hill

State: MA

Zip: 02467

Office

Name: Boston Realty Advisors

MLS Office ID: AN8461

Phone: 617-375-7900

Team Members

Name: Christopher Hatem

MLS ID: CN258642

Office ID: AN8461

Phone: 781-690-4037

City: Westwood

State: MA

Payment Calculator

$11,270.47 per month

30 Years Fixed, 6.75% Interest

Property Taxes $0.75

Principal & Interest $11,269.72

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Boston Realty Advisors

Daniel Alper

Agent Phone

Office Phone

(617) 375-7900

Text Agent Call Agent Call Office

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EXIT

Active

43-45 Derby Street, Somerville MA 02145

$1,829,000

Annual Expenses for 43-45 Derby Street, Somerville MA 02145

Annual Income & Unit Breakdown for 43-45 Derby Street, Somerville MA 02145

General Information for 43-45 Derby Street, Somerville MA 02145

Disclosures for 43-45 Derby Street, Somerville MA 02145

Financial Information for 43-45 Derby Street, Somerville MA 02145

Location Information for 43-45 Derby Street, Somerville MA 02145

Contact Information for 43-45 Derby Street, Somerville MA 02145

Agent

Office

Team Members

Payment Calculator

Exclusive Listing Agent

Boston Realty Advisors

Daniel Alper